Brown cars saw their price drop the most when comparing their resale value to the original manufacturer's suggested retail price, with a depreciation rate of just under 18 percent. In contrast, used yellow cars did not record a price decrease as steep, at a depreciation of 4.5 percent. This is in part due to the novelty of yellow cars on the used vehicle market.
Used vehicle price depreciation by color in the United States between August 2021 and May 2022, based on Model Year 2019 prices
The source specifies that over 650,000 used cars from Model Year 2019 sold between August 2021 and May 2022 were analyzed to compile this data. Each car's manufacturer's suggested retail price was adjusted for inflation using 2022 U.S. dollars, before being compared to the average list prices of these used cars.
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iSeeCars. (June 6, 2022). Used vehicle price depreciation by color in the United States between August 2021 and May 2022, based on Model Year 2019 prices [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1324856/us-used-vehicle-price-depreciation-by-color/
iSeeCars. "Used vehicle price depreciation by color in the United States between August 2021 and May 2022, based on Model Year 2019 prices." Chart. June 6, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1324856/us-used-vehicle-price-depreciation-by-color/
iSeeCars. (2022). Used vehicle price depreciation by color in the United States between August 2021 and May 2022, based on Model Year 2019 prices. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1324856/us-used-vehicle-price-depreciation-by-color/
iSeeCars. "Used Vehicle Price Depreciation by Color in The United States between August 2021 and May 2022, Based on Model Year 2019 Prices." Statista, Statista Inc., 6 Jun 2022, https://www.statista.com/statistics/1324856/us-used-vehicle-price-depreciation-by-color/
iSeeCars, Used vehicle price depreciation by color in the United States between August 2021 and May 2022, based on Model Year 2019 prices Statista, https://www.statista.com/statistics/1324856/us-used-vehicle-price-depreciation-by-color/ (last visited November 21, 2024)
Used vehicle price depreciation by color in the United States between August 2021 and May 2022, based on Model Year 2019 prices [Graph], iSeeCars, June 6, 2022. [Online]. Available: https://www.statista.com/statistics/1324856/us-used-vehicle-price-depreciation-by-color/
